10-Q Filing

Stride, Inc. CIK: 1157408 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001104659-15-031016`
Period End Date	20150331
Filing Date	20150428
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	lrn-20150331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 64 Cash Flow Statement 75 Stockholders Equity 15 Comprehensive Income 20

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$3.46M	USD	Point-in-time
Accounts receivable, allowance (in dollars)	`AllowanceForDoubtfulAccountsReceivable`	$5.32M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$142.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.33M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.87M	shares	Point-in-time
Accounts receivable, net of allowance of $5,317 and $3,460 at March 31, 2015 and June 30, 2014, respectively	`AccountsReceivableNetCurrent`	$275.80M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.14M	shares	Point-in-time
Accounts receivable, net of allowance of $5,317 and $3,460 at March 31, 2015 and June 30, 2014, respectively	`AccountsReceivableNetCurrent`	$194.68M	USD	Point-in-time
Inventories, net	`InventoryNet`	$33.83M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.95M	shares	Point-in-time
Inventories, net	`InventoryNet`	$17.76M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	38.37M	shares	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$7.73M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3.50M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.20M	shares	Point-in-time
Current portion of deferred tax asset	`DeferredTaxAssetsLiabilitiesNetCurrent`	$4.68M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.58M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.36M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$29.22M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$25.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$465.20M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$481.88M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$48.58M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentExcludingSoftwareDevelopmentCostsNet`	$47.37M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$49.92M	USD	Point-in-time
Capitalized software, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationsUsedInternallyNet`	$59.59M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$60.78M	USD	Point-in-time
Capitalized curriculum development costs, net	`CapitalizedSoftwareDevelopmentCostsForSoftwareApplicationUsedInternallyCurriculumContentNet`	$59.95M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$23.71M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$21.83M	USD	Point-in-time
Goodwill	`Goodwill`	$58.09M	USD	Point-in-time
Goodwill	`Goodwill`	$67.24M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$5.85M	USD	Point-in-time
Deposits and other assets	`OtherAssetsNoncurrent`	$5.39M	USD	Point-in-time
Total assets	`Assets`	$711.67M	USD	Point-in-time
Total assets	`Assets`	$743.70M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$20.49M	USD	Point-in-time
Current portion of capital lease obligations	`CapitalLeaseObligationsCurrent`	$17.84M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.98M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.03M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$20.54M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$19.31M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$22.02M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$17.40M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$56.53M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$24.35M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$135.73M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$113.76M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$16.45M	USD	Point-in-time
Capital lease obligations, net of current portion	`CapitalLeaseObligationsNoncurrent`	$14.45M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$8.49M	USD	Point-in-time
Deferred rent, net of current portion	`DeferredRentCreditNoncurrent`	$7.95M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$23.57M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$22.48M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$4.76M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$7.78M	USD	Point-in-time
Total liabilities	`Liabilities`	$165.94M	USD	Point-in-time
Total liabilities	`Liabilities`	$189.48M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$19.80M	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$16.80M	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,872,329 and 41,144,062 shares issued and 38,369,731 and 38,948,866 shares outstanding at March 31, 2015 and June 30, 2014, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Common stock, par value $0.0001; 100,000,000 shares authorized; 41,872,329 and 41,144,062 shares issued and 38,369,731 and 38,948,866 shares outstanding at March 31, 2015 and June 30, 2014, respectively	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$649.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$639.04M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-952.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-112.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-61.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-38.88M	USD	Point-in-time
Treasury stock of 3,502,598 and 2,195,196 shares at cost at March 31, 2015 and June 30, 2014, respectively	`TreasuryStockValue`	$48.55M	USD	Point-in-time
Treasury stock of 3,502,598 and 2,195,196 shares at cost at March 31, 2015 and June 30, 2014, respectively	`TreasuryStockValue`	$75.00M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$534.42M	USD	Point-in-time
Total K12 Inc. stockholders' equity	`StockholdersEquity`	$528.93M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$743.70M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$711.67M	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$712.64M	USD	3 Qtrs
Revenues	`Revenues`	$235.22M	USD	1 Quarter
Revenues	`Revenues`	$687.51M	USD	3 Qtrs
Revenues	`Revenues`	$244.62M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$148.99M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$140.59M	USD	1 Quarter
Instructional costs and services	`CostOfServices`	$427.17M	USD	3 Qtrs
Instructional costs and services	`CostOfServices`	$440.86M	USD	3 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$226.97M	USD	3 Qtrs
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$64.41M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$64.87M	USD	1 Quarter
Selling, administrative, and other operating expenses	`SellingGeneralAndAdministrativeExpense`	$238.41M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$11.92M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$3.34M	USD	1 Quarter
Product development expenses	`ResearchAndDevelopmentExpense`	$10.06M	USD	3 Qtrs
Product development expenses	`ResearchAndDevelopmentExpense`	$2.83M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$207.84M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$677.89M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$217.19M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$677.49M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$10.02M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$27.43M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$27.39M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$34.75M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-125.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-134.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-12.00K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-315.00K	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.89M	USD	3 Qtrs
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.37M	USD	1 Quarter
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$34.61M	USD	3 Qtrs
Income before income tax expense and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$27.11M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.73M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$10.59M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.86M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$12.71M	USD	3 Qtrs
Net income	`ProfitLoss`	$6.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.51M	USD	1 Quarter
Net income	`ProfitLoss`	$21.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$16.53M	USD	1 Quarter
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.08M	USD	3 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-667.00K	USD	3 Qtrs
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-484.00K	USD	1 Quarter
Adjust net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-437.00K	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$7.24M	USD	3 Qtrs
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$17.01M	USD	1 Quarter
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$22.57M	USD	3 Qtrs
Net income attributable to common stockholders, including Series A stockholders	`NetIncomeLoss`	$15.95M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.46	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.33M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.14M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	39.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.41M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.57M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.14M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	39.60M	shares	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.51M	USD	1 Quarter
Net income	`ProfitLoss`	$21.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$16.53M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$52.27M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$69.49M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$16.20M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.47M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-716.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-472.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$4.15M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxNoncashExpenseBenefit`	$122.00K	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.21M	USD	3 Qtrs
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$1.44M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$4.16M	USD	3 Qtrs
Provision for excess and obsolete inventory	`InventoryWriteDown`	$541.00K	USD	3 Qtrs
Benefit for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-262.00K	USD	3 Qtrs
Benefit for student computer shrinkage and obsolescence	`ProvisionForStudentComputerShrinkageAndObsolescence`	$-555.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$81.42M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$51.55M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-18.94M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-15.53M	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$39.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.23M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.72M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$3.91M	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$425.00K	USD	3 Qtrs
Deposits and other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$351.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.98M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.76M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.00M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.17M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-2.54M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$4.62M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$32.34M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$23.54M	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$-454.00K	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLongTermLiabilities`	$2.51M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$46.46M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$81.51M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$7.66M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.32M	USD	3 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$18.49M	USD	3 Qtrs
Capitalized software development costs	`PaymentsForSoftware`	$25.43M	USD	3 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$12.19M	USD	3 Qtrs
Capitalized curriculum development costs	`PaymentsToCapitalizedCurriculumDevelopmentCosts`	$11.32M	USD	3 Qtrs
Investment in LearnBop Inc.	`PaymentsToAcquireInvestments`	$6.51M	USD	3 Qtrs
Mortgage note to managed school partner	`PaymentsToAcquireMortgageNotesReceivable`	$2.10M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-38.23M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-51.79M	USD	3 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$16.74M	USD	3 Qtrs
Repayments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$16.99M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$26.62M	USD	3 Qtrs
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$26.45M	USD	3 Qtrs
Repayments on note payable	`RepaymentsOfNotesPayable`	$390.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$8.44M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$513.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-716.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$-472.00K	USD	3 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$2.39M	USD	3 Qtrs
Repurchase of restricted stock for income tax withholding	`RepurchaseOfRestrictedStockForIncomeTaxWithholding`	$4.27M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-45.79M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-40.30M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-2.14M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$879.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-53.26M	USD	3 Qtrs
Net change in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$3.85M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$142.85M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$185.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$142.85M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$185.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$181.48M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$196.11M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Redeemable noncontrolling interest related to Middlebury Interactive Languages and LearnBop	`NoncontrollingInterestInNetIncomeLossJointVenturePartnersRedeemable`	$-700.00K	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.93M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$534.42M	USD	Point-in-time
Net income	`ProfitLossExcludingRedeemableNoncontrollingInterest`	$22.57M	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-840.00K	USD	3 Qtrs
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$26.45M	USD	3 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	1.31M	shares	3 Qtrs
Purchase of treasury stock (in shares)	`TreasuryStockSharesAcquired`	3.50M	shares	Point-in-time
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.47M	USD	3 Qtrs
Exercise of stock options	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$513.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-716.00K	USD	3 Qtrs
Accretion of redeemable noncontrolling interests to estimated redemption value	`AdjustmentsToAdditionalPaidInCapitalIncreaseInCarryingAmountOfRedeemablePreferredStock`	$667.00K	USD	3 Qtrs
Repurchase of restricted stock for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.39M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.93M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$534.42M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$6.16M	USD	3 Qtrs
Net income	`ProfitLoss`	$15.51M	USD	1 Quarter
Net income	`ProfitLoss`	$21.90M	USD	3 Qtrs
Net income	`ProfitLoss`	$16.53M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$275.00K	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-840.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$240.00K	USD	3 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$47.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$16.80M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.40M	USD	3 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.56M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$21.06M	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-437.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.08M	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-667.00K	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-484.00K	USD	1 Quarter
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$7.48M	USD	3 Qtrs
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$21.73M	USD	3 Qtrs
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$16.00M	USD	1 Quarter
Comprehensive income attributable to common stockholders, including Series A stockholders	`ComprehensiveIncomeNetOfTax`	$17.29M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.